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Underlying these tools is a price analysis algorithm that assesses or compares several pricing data points to generate a “market threshold” that can then be used to determine whether a proposed price is fair and reasonable based on the market information available to GSA. Moreover, there is precedent for it.
Underlying these tools is a price analysis algorithm that assesses or compares several pricing data points to generate a “market threshold” that can then be used to determine whether a proposed price is fair and reasonable based on the market information available to GSA. Moreover, there is precedent for it.
Agencies are directed to focus attention on maximizing small business participation below the simplified acquisition threshold. Become a Sponsor of the 2024 Spring Training Conference! The Coalition’s Spring Training Conference is quickly approaching! This year, it will take place on May 8-9 at the Fairview Marriott in Falls Church, VA.
Last month, the Federal Acquisition Service (FAS) issued a draft Request for Quotes (RFQ) for the proposed governmentwide ASCEND Blanket Purchase Agreement (BPA) for cloud services. Its separate pool approach is compounded further by the separate procurements for each of the pools. It is central to ensuring robust mission support through the BPA.
FLSA exemption issues can arise when unpaid furlough periods reduce the compensation level of exempt employees below the threshold required for them to maintain their exempt status under federal, state, or local law. federal government shutdown can have serious consequences because of the size of federal spending and its impact on the U.S.
One of the significant changes introduced by FASA was raising the simplified acquisition threshold from $25,000 to $100,000, and later to $250,000, making it easier for contractors to access federal contracts. Certain modifications may necessitate preliminary pricenegotiations to protect the governments interests.
Celebrating a Dedicated Procurement Leader: Wishing Tom Sisti a Happy Retirement! It is with mixed emotions that The Coalition for Government Procurement announces the retirement of Executive Vice President & General Counsel, Tom Sisti. Furthermore, he worked as Procurement Counsel detailed to the U.S.
EPA Clauses The FAR If a contractor has a contract with a Federal Acquisition Regulation (“FAR”) Economic Price Adjustment (“EPA”) clause—which was designed to protect the Government and the contractor from cost fluctuations—then at least a partial remedy should be available through that clause. [17]
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